MGO One Seven LLC Has $2.19 Million Position in Unilever PLC (NYSE:UL)

MGO One Seven LLC grew its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 28.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,546 shares of the company's stock after purchasing an additional 8,425 shares during the quarter. MGO One Seven LLC's holdings in Unilever were worth $2,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hsbc Holdings PLC raised its position in shares of Unilever by 56.3% in the fourth quarter. Hsbc Holdings PLC now owns 95,809 shares of the company's stock valued at $5,434,000 after purchasing an additional 34,522 shares during the period. Stifel Financial Corp raised its holdings in Unilever by 20.1% in the 4th quarter. Stifel Financial Corp now owns 527,458 shares of the company's stock worth $29,907,000 after acquiring an additional 88,404 shares during the period. OneDigital Investment Advisors LLC lifted its position in Unilever by 15.0% during the 4th quarter. OneDigital Investment Advisors LLC now owns 29,151 shares of the company's stock worth $1,653,000 after acquiring an additional 3,800 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in Unilever by 1.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 16,872 shares of the company's stock worth $956,000 after acquiring an additional 242 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Unilever by 187.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 55,190 shares of the company's stock valued at $3,129,000 after acquiring an additional 35,986 shares during the period. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Up 0.9 %

NYSE UL traded up $0.55 on Monday, reaching $63.17. The company had a trading volume of 1,938,932 shares, compared to its average volume of 2,573,789. The stock has a market cap of $155.79 billion, a price-to-earnings ratio of 18.10, a PEG ratio of 1.60 and a beta of 0.42. The stock's 50 day moving average is $59.47 and its 200-day moving average is $58.80. Unilever PLC has a 52 week low of $51.34 and a 52 week high of $65.87.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 16th will be given a dividend of $0.5151 per share. The ex-dividend date is Friday, May 16th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.26%. This is a positive change from Unilever's previous quarterly dividend of $0.47. Unilever's dividend payout ratio (DPR) is currently 59.03%.

Analyst Ratings Changes

UL has been the subject of several recent analyst reports. StockNews.com downgraded Unilever from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. Sanford C. Bernstein upgraded shares of Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Finally, Royal Bank of Canada lowered Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $66.33.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.